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Assisted Living Facility for sale in Brevard

Contact Information Inquire Here General Location: Brevard ID#: b17008507
Financial Information Asking Price: $200,000 Gross Annual Revenue: $310,129 Adjusted Annual Earnings: $80,557
Additional Information General Category: Nursing Homes / ALF Specific Buisness Type: Assisted Living Facility Summary Profile:

Unique opportunity to own a 6 bed, fully licensed ALF (Assisted Living Facility) inside a premier gated community, located in the southeast central Florida area. The average bed rate is $5,000.00+++ a month with the potential for more revenues by adding levels of care. Currently run as a husband-and-wife team with part-time and per diem help as needed. Thinking that a potential buyer will work 40+ hours a week, we have made an adjustment so new owner would hire additional staff for 120 hours a week at a rate of $13.50 per hour +/-, so the net income reflects that adjustment.  The husband is the admin, takes care of all the policy and procedure & manuals, and their upkeep. The wife takes care of meal prep, client companionship, and house cleanliness (they both participate in this, as the house is immaculate). The facility is currently operated under a standard ALF license (new owner has the option of several other license types as well). Seller willing to stay on for 30 days to help with smooth transition and help with ACHA license requirements.

Being in one of the premier gated communities, most of their clients come from within the walls of the community.  Here are just a few of the attributes to this facility:

  • State licensed facility
  • 24-Hour supervision and support from trained and caring staff
  • Assistance with ADLs/personal care
  • Private and semi-private rooms available
  • Deliciously cooked, healthy meals
  • Daily scheduled activities offered
  • Coordination for services, e.g., doctor visits, medication delivery, etc.
  • Desirable Location
  • ALF has agreements with third party vendors such as Beautician, mobile X-ray, mobile Phlebotomist in place; however, if residents choose to use others, it is fine
  • Transportation – third-party vendor but at the cost of the resident; sellers coordinate it
  • Real Estate available for an additional $550,000

In addition, residents will have access to the community clubhouse with many amenities including but not limited to the following – bistro, resort-style swimming pool, fitness center, tennis courts, shuffleboard, billiard room, library and more.

2022 Financial represent an increased rent set by the landlord

A fully detailed marketing package is available to qualified buyers that sign NDA and provide a PFS (personal financial statement) and a Bio/Resume.

Contact Tom Jones 754-224-3111 refer to 170-08507 when inquiring.